A Better Way

Talking Real Money - Investing Talk

Don McDonald

Investing, Education, Business, How To

4.5 • 810 Ratings

🗓️ 10 February 2026

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

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Summary

0:04 Dow hits 50,000 while most stocks lag—why it’s a meaningless headline 0:59 Robinhood and Palantir slide—speculators start getting nervous 1:39 Jason Zweig on low-volatility funds—and why timing them is a trap 1:55 Why the Dow is a terrible “index” built on 1890s math 3:22 Diversified portfolios quietly up nearly 6% YTD in early 2026 3:32 Small-cap value up 13%—the payoff of long-term discipline 4:05 “We didn’t predict this”—why diversification bea...

Transcript

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0:00.0	reality radio for a really great future we're talking real money the market average that will
0:14.4	remain unnamed here on the program set a record closing above 50,000, a new all-time high for a little tiny sliver of
0:27.0	the stock market, which is, is it a big deal or is it not a big deal that that thing, don't say
0:34.8	it.
0:35.6	Oh, sir.
0:36.2	You know, and I thought we were training the media to stop saying it because, you know, you haven't heard it. We've done it better. You don't hear it a lot. No, you don't hear it a lot. Until this week when it hit 50,000. But it's just 30 stocks. It's the big print on the Wall Street Journal today. I know, but here's the thing.
1:01.8	While that little group of stocks is setting records, other stocks are not.
1:03.4	They're scaring people.
1:10.1	I mean, some of the hot, hot, hot stocks out there, like Robin Hood, which was up massively last year, is...
1:11.9	Well, you think 204% in one years massively?
1:14.9	Pretty good.
1:15.8	But down 36% in like two months is pretty terrible.
1:21.2	About one month and one week, but okay.
1:23.1	Oh, yeah, you're right.
1:23.9	It's not even two months.
1:26.4	Sure.
1:27.3	Yep. You know, and Palantir. That was the... The ultimate memes... Yeah, you're right. It's not even two months. Sure. Yeah.
1:27.9	You know, and Palantir.
1:29.8	That was the ultimate meme stock.
1:32.1	Yeah.
1:32.9	It's down 27.
1:34.6	So you've got all these really high-flying stocks that are down, which are scaring some of the traders.
	...

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